SelectQuote, Inc. (SLQT) Balance Sheet
SLQT balance sheet, FY2026
June 30, 2026 · U.S. dollars$1.52B assets = $871.0M liabilities + $650.0M equity
Both columns are drawn to the same scale: what SLQT owns equals what it owes plus shareholders’ equity. Hover a block for its value.
SLQT financial health
Descriptive bands, not a rating. Fiscal FY2026.
SLQT balance sheet trends, FY2018–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $297.6MFY2018 | $1.52BFY2026 | +22.6%/yr | |
| Total liabilities | $109.6MFY2018 | $871.0MFY2026 | +29.6%/yr | |
| Shareholders’ equity | $187.9MFY2018 | $650.0MFY2026 | +16.8%/yr | |
| Cash & short-term investments | $958,000FY2018 | $20.7MFY2026 | +46.8%/yr | |
| Total debt | $19.8MFY2018 | $396.4MFY2026 | +45.4%/yr | |
| Net cash (debt) | −$18.9MFY2018 | −$375.7MFY2026 | −$356.8M | |
| Working capital | $59.3MFY2018 | $158.3MFY2026 | +$99.0M | |
| Book value per share | $1.36FY2018 | $3.45FY2026 | +12.4%/yr | |
| Debt / equity | 0.11FY2018 | 0.61FY2026 | +0.50 | |
| Shares outstanding | 138.2MFY2018 | 188.2MFY2026 | +3.9%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
SLQT assets
SLQT liabilities and equity
SLQT debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
SLQT balance sheet
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Cash & short-term investments | $20.7M | $32.4M | $42.7M | $83.2M | $141.0M | $286.5M | $368.9M | $570,000 | $958,000 |
| Cash & equivalents | $20.7M | $32.4M | $42.7M | $83.2M | $141.0M | $286.5M | $368.9M | $570,000 | $958,000 |
| Short-term investments | — | — | $5.0M | — | — | — | — | — | — |
| Receivables | $305.6M | $283.5M | $270.9M | $267.4M | $248.1M | $194.5M | $136.9M | $95.9M | $79.0M |
| Inventory | $0 | $0 | $8.8M | $5.6M | $5.8M | $176,000 | $47.8M | $0 | $1 |
| Other current assets | $24.7M | $25.2M | $10.6M | $7.1M | $7.9M | $2.3M | $0 | $6.5M | $3.6M |
| Total current assets | $350.9M | $341.0M | $332.9M | $363.2M | $402.8M | $483.4M | $513.8M | $103.0M | $83.6M |
| Property, plant & equipment (net) | $32.6M | $39.2M | $42.4M | $51.0M | $69.8M | $60.9M | $22.1M | $13.8M | $11.1M |
| Goodwill & intangible assets | $30.3M | $46.5M | $53.6M | $54.1M | $76.7M | $121.3M | $74.6M | $10.3M | $6.3M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $1.11B | $822.6M | $765.0M | $750.9M | $740.8M | $758.2M | $517.4M | $280.0M | $196.6M |
| Total assets | $1.52B | $1.25B | $1.19B | $1.22B | $1.29B | $1.42B | $1.13B | $406.9M | $297.6M |
| Liabilities | |||||||||
| Accounts payable | $74.0M | $59.2M | $36.6M | $27.6M | $24.8M | $34.1M | $22.9M | $7.6M | −$33,000 |
| Short-term debt | $26.5M | $73.3M | $50.7M | $39.2M | $12.6M | $7.8M | $49,000 | $4.0M | $33,000 |
| Deferred revenue | — | $698,000 | $12.7M | $2.8M | $8.0M | $5.1M | $1.7M | $2.0M | $3.3M |
| Total current liabilities | $192.6M | $212.9M | $174.6M | $137.3M | $113.5M | $108.8M | $95.8M | $33.2M | $24.3M |
| Long-term debt | $348.2M | $316.6M | $637.5M | $664.6M | $459.0M | $459.0M | $311.8M | $21.7M | $19.8M |
| Lease obligations | $26.2M | $30.8M | $30.6M | $33.1M | $39.5M | $43.9M | $0 | $112,000 | $77,000 |
| Other long-term liabilities | $330.2M | $144.3M | $65.0M | $70.4M | $326.4M | $189.0M | $174.7M | $88.7M | $65.6M |
| Total liabilities | $871.0M | $673.8M | $877.1M | $872.3M | $898.9M | $756.8M | $582.4M | $143.7M | $109.6M |
| Shareholders' equity | |||||||||
| Common stock & paid-in capital | $1.8M | $1.7M | $1.7M | $1.7M | $1.6M | $1.6M | $1.6M | $1.2M | $1.1M |
| Retained earnings (deficit) | −$160.0M | −$222.2M | −$269.8M | −$235.6M | −$177.1M | $120.4M | −$2.8M | $200.4M | $129.5M |
| Treasury stock | — | — | — | — | — | — | — | −$77.3M | −$77.2M |
| Accumulated other comprehensive income | — | $0 | $4.1M | $13.7M | $11.7M | $229,000 | −$1.3M | −$9.2M | −$10.3M |
| Total shareholders' equity | $650.0M | $575.5M | $316.8M | $347.0M | $391.1M | $667.0M | $545.7M | $263.3M | $187.9M |
| Key figures | |||||||||
| Total debt | $396.4M | $415.9M | $713.9M | $731.8M | $745.1M | $505.3M | $311.9M | $25.7M | $19.8M |
| Net cash (debt) | −$375.7M | −$383.5M | −$671.2M | −$648.6M | −$604.1M | −$218.8M | $56.9M | −$25.1M | −$18.9M |
| Working capital | $158.3M | $128.1M | $158.3M | $226.0M | $289.3M | $374.6M | $418.0M | $69.7M | $59.3M |
| Tangible book value | $619.7M | $529.0M | $263.2M | $292.9M | $314.4M | $545.7M | $471.0M | $253.0M | $181.6M |
| Book value per share | $3.45 | $3.16 | $1.88 | $2.09 | $2.38 | $4.03 | $3.36 | $1.62 | $1.36 |
| Shares outstanding | 188.2M | 181.9M | 168.5M | 166.1M | 164.0M | 165.5M | 162.2M | 162.2M | 138.2M |
| Current ratio | 1.82 | 1.60 | 1.91 | 2.65 | 3.55 | 4.44 | 5.36 | 3.10 | 3.44 |
| Quick ratio | 1.69 | 1.48 | 1.80 | 2.55 | 3.43 | 4.42 | 5.28 | 2.90 | 3.29 |
| Debt / equity | 0.61 | 0.72 | 2.25 | 2.11 | 1.91 | 0.76 | 0.57 | 0.10 | 0.11 |
| Equity / assets | 42.7% | 46.1% | 26.5% | 28.5% | 30.3% | 46.8% | 48.4% | 64.7% | 63.2% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $20.7M | $35.2M | $22.2M | $10.7M | $32.4M | $80.1M | $12.1M | $10.4M | $42.7M | $37.8M | $10.8M | $48.5M |
| Cash & equivalents | $20.7M | $35.2M | $22.2M | $10.7M | $32.4M | $80.1M | $12.1M | $10.4M | $42.7M | $37.8M | $10.8M | $48.5M |
| Short-term investments | — | — | — | — | — | — | — | — | $5.0M | $8.3M | $36.7M | — |
| Receivables | $305.6M | $311.1M | $380.7M | $297.9M | $283.5M | $260.2M | $340.6M | $276.3M | $270.9M | $322.2M | $349.9M | $276.2M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $8.8M | −$8.3M | −$10.7M | $1 |
| Other current assets | $24.7M | $20.9M | $21.9M | $23.3M | $25.2M | $19.9M | $19.7M | $20.1M | $10.6M | $32.4M | $37.8M | $16.4M |
| Total current assets | $350.9M | $367.2M | $424.8M | $332.0M | $341.0M | $360.2M | $372.4M | $306.9M | $332.9M | $384.2M | $387.8M | $341.1M |
| Property, plant & equipment (net) | $32.6M | $34.8M | $37.3M | $38.0M | $39.2M | $40.2M | $38.3M | $40.8M | $42.4M | $41.9M | $45.4M | $47.6M |
| Goodwill & intangible assets | $30.3M | $47.5M | $30.8M | $46.9M | $46.5M | $51.0M | $51.7M | $38.6M | $53.6M | $51.0M | $52.2M | $53.3M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $1.11B | $885.1M | $859.3M | $790.1M | $822.6M | $844.4M | $816.8M | $760.6M | $765.0M | $768.1M | $750.4M | $728.2M |
| Total assets | $1.52B | $1.33B | $1.35B | $1.21B | $1.25B | $1.30B | $1.28B | $1.15B | $1.19B | $1.25B | $1.24B | $1.17B |
| Liabilities | ||||||||||||
| Accounts payable | $74.0M | $103.2M | $80.4M | $34.6M | $59.2M | $77.7M | $87.2M | $51.1M | $36.6M | $61.2M | $57.4M | $32.0M |
| Short-term debt | $27.1M | $27.1M | $25.0M | $73.2M | $73.3M | $33.8M | $32.6M | $48.1M | $50.7M | $42.4M | $47.9M | $38.9M |
| Deferred revenue | — | — | — | $2.0M | $698,000 | $945,000 | $954,000 | $3.0M | $12.7M | $3.7M | $9.1M | $5.8M |
| Total current liabilities | $192.6M | $231.1M | $234.8M | $215.7M | $212.9M | $193.7M | $194.4M | $166.7M | $174.6M | $190.0M | $184.0M | $136.7M |
| Long-term debt | $348.2M | $353.3M | $385.7M | $324.8M | $316.6M | $362.5M | $684.3M | $637.2M | $637.5M | $648.3M | $650.8M | $661.2M |
| Lease obligations | $26.2M | $27.3M | $28.5M | $29.7M | $30.8M | $31.0M | $28.5M | $29.3M | $30.6M | $27.0M | $30.4M | $31.6M |
| Other long-term liabilities | $96.0M | $86.8M | $112.1M | $119.5M | $144.3M | $181.8M | $74.5M | $73.5M | $65.0M | $60.0M | $64.7M | $55.5M |
| Total liabilities | $871.0M | $671.2M | $732.6M | $660.0M | $673.8M | $738.0M | $953.2M | $877.4M | $877.1M | $898.3M | $899.4M | $853.4M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $1.8M | $1.8M | $1.8M | $1.8M | $1.7M | $1.7M | $1.7M | $1.7M | $1.7M | $1.7M | $1.7M | $1.7M |
| Retained earnings (deficit) | −$160.0M | −$143.2M | −$183.4M | −$252.6M | −$222.2M | −$235.1M | −$261.1M | −$314.3M | −$269.8M | −$238.8M | −$247.3M | −$266.7M |
| Accumulated other comprehensive income | — | $0 | $0 | $0 | $0 | $0 | — | $1.3M | $4.1M | $6.5M | $8.2M | $11.7M |
| Total shareholders' equity | $650.0M | $663.5M | $619.6M | $546.9M | $575.5M | $557.8M | $326.0M | $269.4M | $316.8M | $346.8M | $336.5M | $316.7M |
| Key figures | ||||||||||||
| Total debt | $398.0M | $403.1M | $457.8M | $422.8M | $415.9M | $422.5M | $740.4M | $709.8M | $713.9M | $713.0M | $723.9M | $726.6M |
| Net cash (debt) | −$377.3M | −$367.9M | −$435.6M | −$412.1M | −$383.5M | −$342.4M | −$728.3M | −$699.3M | −$671.2M | −$675.2M | −$713.1M | −$678.2M |
| Working capital | $158.3M | $136.1M | $190.0M | $116.2M | $128.1M | $166.5M | $178.0M | $140.1M | $158.3M | $194.2M | $203.8M | $204.3M |
| Tangible book value | $619.7M | $616.0M | $588.8M | $500.0M | $529.0M | $506.9M | $274.3M | $230.8M | $263.2M | $295.8M | $284.3M | $263.5M |
| Book value per share | $3.45 | $3.57 | $3.33 | $2.94 | $3.12 | $3.27 | $1.91 | $1.58 | $1.88 | $2.03 | $1.98 | $1.89 |
| Shares outstanding | 188.2M | 185.8M | 185.8M | 185.8M | 184.2M | 170.4M | 170.4M | 170.4M | 168.5M | 171.0M | 169.7M | 167.5M |
| Current ratio | 1.82 | 1.59 | 1.81 | 1.54 | 1.60 | 1.86 | 1.92 | 1.84 | 1.91 | 2.02 | 2.11 | 2.49 |
| Quick ratio | 1.69 | 1.50 | 1.72 | 1.43 | 1.48 | 1.76 | 1.81 | 1.72 | 1.80 | 1.90 | 1.96 | 2.37 |
| Debt / equity | 0.61 | 0.61 | 0.74 | 0.77 | 0.72 | 0.76 | 2.27 | 2.63 | 2.25 | 2.06 | 2.15 | 2.29 |
| Equity / assets | 42.7% | 49.7% | 45.8% | 45.3% | 46.1% | 43.0% | 25.5% | 23.5% | 26.5% | 27.9% | 27.2% | 27.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed August 25, 2026); data from EODHD.
SLQT financial position
At the end of fiscal 2026 (June 30, 2026), SelectQuote had total assets of $1.5 billion (up 21.7% from a year earlier), total liabilities of $871.0 million and shareholders' equity of $650.0 million. It held $20.7 million in cash and short-term investments against $396.4 million of debt, net debt of $375.7 million. Its current ratio was 1.82.
Related: SLQT income statement, SLQT cash flow statement, SLQT key metrics. See the SLQT stock overview for the latest quote and news.
SLQT balance sheet FAQ
What are SelectQuote's total assets?
SelectQuote reported total assets of $1.5 billion at the end of fiscal 2026 (June 30, 2026), compared with $1.2 billion a year earlier.
How much debt does SelectQuote have?
SelectQuote had $396.4 million of total debt at the end of fiscal 2026, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.61.
How much cash does SelectQuote have?
SelectQuote held $20.7 million in cash and short-term investments at the end of fiscal 2026; with $396.4 million of debt that is net debt of $375.7 million.
What is SelectQuote's book value?
SelectQuote's shareholders' equity (book value) was $650.0 million at the end of fiscal 2026, or $3.45 per share.
What is SelectQuote's current ratio?
SelectQuote had current assets of $350.9 million and current liabilities of $192.6 million, a current ratio of 1.82 (it can cover its short-term obligations).
How much goodwill does SelectQuote have?
SelectQuote carried $30.3 million of goodwill and intangible assets, 2.0% of total assets, at the end of fiscal 2026.